Across the world, and particularly in emerging economies like Pakistan, huge segments of the population are underserved or ignored by current financial services players, Fintech changes and transforms the sector by decreasing costs, increasing access, and improving experiences for financial products and services.

Pakistan has a financial inclusion ratio of 15%, compared to an average of 33% for lower middle-income countries. While the banking sector represents 80% of the financial services, it serves only 15% of the population. There are only 12 players in Pakistan which have branchless banking licenses, none of which offer interoperability among their wallets. The need of the hour is to reinvent finance for the information age by bringing together and investing in talented entrepreneurs, thought-leaders and change-agents.